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Incredible Investment Opportunity on a Prime Corner Lot!This classic bungalow sits on an RC-G zoned corner lot measuring 6,600 sq ft with 55 feet of frontage—perfect for redevelopment or holding as a high-potential income property. Ideally located roughly 15 minutes from downtown and with a wide range of amenities that are even closer, this property is perfect for investors, developers, or homeowners seeking versatility. Situated close to transit, schools, parks, and numerous amenities, this location is unbeatable.Offering close to 2,000 sq ft of developed living space, the home features a spacious main floor and a large illegal basement suite—ideal for live-up/rent-down or full rental income. The double detached garage adds extra value and functionality.The RC-G zoning allows for a variety of redevelopment options including row housing or multi-family housing, making this a standout opportunity in a sought-after area.Whether you're looking to invest, redevelop, or live with rental income, this property checks all the boxes. Don’t miss this rare chance to secure a valuable piece of real estate with significant upside. (id:37074)
Property Features
Property Details
| MLS® Number | A2233702 |
| Property Type | Single Family |
| Neigbourhood | Forest Lawn - Forest Heights |
| Community Name | Forest Lawn |
| Amenities Near By | Park, Playground, Schools, Shopping |
| Features | See Remarks, Back Lane |
| Parking Space Total | 5 |
| Plan | 8779hp |
| Structure | None |
Parking
| Detached Garage | 2 |
| Oversize |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 4 |
| Appliances | Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo, Window Coverings |
| Architectural Style | Bungalow |
| Basement Features | Separate Entrance, Suite |
| Basement Type | Full |
| Constructed Date | 1959 |
| Construction Material | Wood Frame |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Stucco, Wood Siding |
| Flooring Type | Ceramic Tile, Hardwood, Linoleum |
| Foundation Type | Poured Concrete |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 1,049 Ft2 |
| Total Finished Area | 1049 Sqft |
| Type | House |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Kitchen | 17.75 Ft x 10.00 Ft | ||
| Basement | Living Room | 14.92 Ft x 12.75 Ft | ||
| Basement | Laundry Room | 10.33 Ft x 8.50 Ft | ||
| Basement | Bedroom | 16.75 Ft x 10.33 Ft | ||
| Basement | 4pc Bathroom | 8.42 Ft x 7.33 Ft | ||
| Main Level | Kitchen | 17.50 Ft x 11.17 Ft | ||
| Main Level | Dining Room | 9.67 Ft x 8.58 Ft | ||
| Main Level | Living Room | 13.50 Ft x 12.33 Ft | ||
| Main Level | Bedroom | 14.00 Ft x 9.92 Ft | ||
| Main Level | Bedroom | 10.75 Ft x 8.00 Ft | ||
| Main Level | Bedroom | 10.25 Ft x 8.67 Ft | ||
| Main Level | 4pc Bathroom | 6.83 Ft x 4.92 Ft |
Land
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Park, Playground, Schools, Shopping |
| Size Depth | 36.61 M |
| Size Frontage | 16.46 M |
| Size Irregular | 614.00 |
| Size Total | 614 M2|4,051 - 7,250 Sqft |
| Size Total Text | 614 M2|4,051 - 7,250 Sqft |
| Zoning Description | R-cg |
